🔍 Market Summary

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Crypto has everything needed for a bull market, so why is the market down?

Crypto has everything needed for a bull market, so why is the market down?

Analysts and investors are questioning why crypto isn’t in a bull market, given the amount of positive drivers that have taken place this year.“At some point, we need to admit that something is structurally broken in the crypto market,” CNBC crypto contributor Ran Neuner said on Tuesday.He stated th…

Cypherpunk values are dying, but they’re 'Not Dead Yet'

Cypherpunk values are dying, but they’re 'Not Dead Yet'

Not long before he died, Grandad said something that I thought was a little silly, a little old-fashioned.He declared that he didn’t trust the banks, and he didn’t want them to know what he did with his money. I scoffed at the time, paranoid old fella! But of course, it turns out I owe him an apolog…

Bitcoin and ether surge on eve of FOMC decision fueling wave of liquidations

Bitcoin and ether surge on eve of FOMC decision fueling wave of liquidations

Bitcoin's price briefly flipped positive for the year on Tuesday, lifting the broader crypto market ahead of a closely watched Federal Reserve meeting. The move helped push ether back above $3,300 for the first time in nearly a month, while a wave of short liquidations added fuel to the rally.Total …

The Daily: Standard Chartered slashes 2025 bitcoin target, PNC rolls out direct BTC trading for high-net-worth clients, and more

The Daily: Standard Chartered slashes 2025 bitcoin target, PNC rolls out direct BTC trading for high-net-worth clients, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! Bitcoin jumped back above $93K this morning despite calls that an expected Fed rate cut on Wednesday was already priced in, with Chair Jerome Powell's guidance tomorrow the k…

‘Not a crypto winter, just a cold breeze’: Standard Chartered halves 2025 bitcoin target to $100K, but keeps long-term bull case

‘Not a crypto winter, just a cold breeze’: Standard Chartered halves 2025 bitcoin target to $100K, but keeps long-term bull case

Standard Chartered has sharply lowered its bitcoin price forecasts, halving its end-of-2025 target to $100,000 from $200,000 and pushing its long-term $500,000 projection out by two years to 2030 as recent price action spurred a reassessment of previous targets.In a Dec. 9 note, Standard Chartered’s…

Terra Luna Classic (LUNC) Soars 100% After Viral T-Shirt Moment in Dubai

Terra Luna Classic (LUNC) Soars 100% After Viral T-Shirt Moment in Dubai

Terra Luna Classic (LUNC) jumped nearly 100% today, after CoinDesk journalist Ian Allison appeared at Binance Blockchain Week Dubai wearing a vintage Terra Luna logo t-shirt while moderating interviews with executives from Mastercard, Ripple, and TON.Terra Luna Is Back? Not QuiteTraders had already …

Bitcoin adds $732B in new capital this cycle as market structure transforms

Bitcoin adds $732B in new capital this cycle as market structure transforms

Bitcoin rose on Wednesday, gaining 7.5% over the last 24 hours to trade above $93,000, as analysts expected new highs. This came amid record capital inflows, rising realized cap and decreasing volatility, which suggested a changing market structure, according to a new joint report from Glassnode an…

Strategy Cuts Outlook, Establishes $1.44 Billion Reserve Amid Bitcoin Selloff — WSJ

Strategy Cuts Outlook, Establishes $1.44 Billion Reserve Amid Bitcoin Selloff — WSJ

By Vicky Ge Huang and Nicholas G. MillerThe largest bitcoin-accumulation company took steps to insulate itself from the crypto selloff. The company's shares sold off anyway.Strategy, led by Michael Saylor, said Monday that it has raised $1.44 billion through a stock sale to help ensure it can meet f…

'Next Few Days Are Crucial': Top Trader Behind Famous 700% XRP Call

'Next Few Days Are Crucial': Top Trader Behind Famous 700% XRP Call

A top trader known online as DonAlt revealed his updated view on the Bitcoin price outlook, and surprisingly, despite all the mess that October and November brought to the crypto market, DonAlt suggests a bullish setup for BTC. His read is simple — the BTC price chart looks damaged on high time fram…

2025 Keeps Disappointing as Bitcoin Fails to Top Last Year's Thanksgiving Price

2025 Keeps Disappointing as Bitcoin Fails to Top Last Year's Thanksgiving Price

Bitcoin had an astronomical run in 2024, hitting a new Thanksgiving high of $95,737. Naturally, investors and observers might have expected 2025 to continue that upward trajectory.Instead, Bitcoin underperformed, dropping to $91,000 this year. Even though it’s still an incredibly high value compared…

Strategy’s bitcoin premium heading toward ‘crypto winter’ lows, TD Cowen says

Strategy’s bitcoin premium heading toward ‘crypto winter’ lows, TD Cowen says

Michael Saylor’s Strategy (formerly MicroStrategy) has seen its bitcoin premium continue to slide, now "heading toward 'crypto winter' lows" of 2021–2022, Lance Vitanza, managing director at TD Cowen Research Group’s TDSecurities, said in a note to The Block on Monday.Sharing the company’s two updat…

Bitcoin Block Channel Reveals $400,000 Price Target – Details

Bitcoin Block Channel Reveals $400,000 Price Target – Details

The Bitcoin market continues to witness an intense price correction in line with broader crypto market movement. In the past week, the premier cryptocurrency recorded another 10% price decline, trading as low as $80,800, before experiencing a modest bounce. Bitcoin now stands 32.79% below its all-ti…